Industry Growth Program Update
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Industry Growth Program Update

The Industry Growth Program (IGP) is gaining momentum, with $29M awarded so far to support Australian SMEs commercialising innovative projects. From renewables to defence, funding is flowing across key sectors aligned with the National Reconstruction Fund.

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R&D Tax Incentive update: Gambling and Tobacco Companies no longer welcome
Research and Development Intellect Labs Research and Development Intellect Labs

R&D Tax Incentive update: Gambling and Tobacco Companies no longer welcome

The Australian Federal Government has announced as part of the 2024-25 Mid-Year Economic and Fiscal Outlook that gambling and tobacco companies will no longer be able to access the R&D Tax Incentive. The move is indicative of the government seeking to align public funding with societal objectives, reducing indirect subsidies to industries linked to public harm but raising concerns about future industry-specific restrictions.

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Queensland business grants - a post-election update
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Queensland business grants - a post-election update

With the election complete, various grant programs that were put on-hold have re-opened for applications. It’s important for businesses to be aware of these grant opportunities and the upcoming application deadlines, but also to understand the impacts a change of government might have on grant funding availability.

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Reviewing the latest data on Australia's innovation performance.
Research and Development Stephanie Varidel Research and Development Stephanie Varidel

Reviewing the latest data on Australia's innovation performance.

The outcomes from the latest Australian Innovation Statistics appear positive at first glance. In case you missed it, we provide a summary of the highlights from this recent report. We also dig a little deeper to see that despite some positive indications, there are some concerning signs regarding Australia's innovation performance that should provide pause for thought and consideration of how businesses undertaking R&D can be better supported.

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Coming Soon: No Queensland State Government Grants
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Coming Soon: No Queensland State Government Grants

With the Queensland State Government election fast-approaching, it’s important that any Queensland businesses that are considering applying for state government funding understand what impact the election will have on grant programs. We’ve summarised our analysis of the impact that elections can have on the grant funding landscape, with a particular focus on the Queensland State Government election in October.

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Upcoming Grant Opportunities from the Medical Research Future Fund (MRFF)
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Upcoming Grant Opportunities from the Medical Research Future Fund (MRFF)

The Medical Research Future Fund (MRFF) is a major source of health research funding in Australia, providing opportunities for both researchers and companies. The MRFF publishes funding rounds in advance, giving applicants reasonable notice to prepare. We have prepared an overview of upcoming grant opportunities, eligibility, and how Intellect Labs can support your submission.

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Streamlining R&D Tax Claims for Clinical Trials in Australia
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Streamlining R&D Tax Claims for Clinical Trials in Australia

Clinical trials have long been viewed favourably under the R&D Tax Incentive Program. To recognise this, the program offers an efficient registration process for trials registered with the Therapeutic Goods Administration, reducing the administrative burden for biotech companies. This streamlined approach, along with support through Advance Overseas Findings (AOF), empowers Australian biotech firms to innovate and lead on the global stage.

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